What is the maximum number of secondary shares

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Reference no: EM131983098

The firm you founded currently has 11 11 million? shares, of which you own 6.82 6.82 million. You are considering an IPO where you would sell 2 million shares for ?$ 24 24. What is the maximum number of secondary shares you could sell and still retain more than 50?% ownership of the? firm? How much would the firm raise in that? case?

The maximum number of secondary shares you could sell is ____ shares.

The amount that the firm would raise is $____

Reference no: EM131983098

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